In the current market session, American Electric Power Inc. (NASDAQ:AEP) price is at $74.33, after a 1.33% increase. However, over the past month, the stock decreased by 2.64%, and in the past year, by 15.01%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.
Comparing American Electric Power P/E Against Its Peers
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, ...